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Search Results 0 to 49 of about 175 (some duplicates have been removed)
CNBC
Dec 20, 2012 6:00pm EST
front of our eyes. even as the averages denied washington's gravitational pull, the dow gaining 60 points, s&p climbing .5%, nasdaq advancing .20%, we know when the president or the speaker of the house comes on the tube these days, the market is going to get hammered. sell, sell, sell, sell, sell, sell. even if it is just temporary. >> sell, sell, sell. >> the only thing you need to know is the time they're going to come on. if you could just blast out of some aggressive growth stocks or sell some s&p future us when see them walk to the podium, you could probably coin money! i'm surprised the president doesn't start his talks by saying, look, look, america, i'm about to send the s&p 500 down a percent with what i say. ou how about the speaker? suffice it to say we all have to keep one eye on washington and hope they don't poke it out with their endless failure to rise above partisanship. when we started this campaign, i'm sure a lot of people said don't worry, i'm sure they'll do it. today was like the worst day yet. the two parties hate each other. they really do. they personally
CSPAN
Dec 20, 2012 7:00am EST
. ♪ host: money and guns continued to dominate the conversation here in washington this holiday season, and we will focus on both of those issues this morning. yesterday, press conferences on the fiscal cliff negotiations. >> republicans continue to work to avoid the fiscal cliff. $1.30 trillion in revenues, $850 billion in spending reductions fails to meet the test that the president promised the american people as a balanced approach. i hope the president will get serious about working with us on a balanced approach. tomorrow, the house will pass legislation to make permanent tax relief for nearly every american. 99.81% of the american people. the president can call on senate democrats to pass that bill, or he can be responsible for the largest tax increase in american history. host: joining us by phone is susan ferrechio, chief congressional correspondent for the "washington examiner." if 51-second press conference. guest: there have been press occurrences in the past where the speaker has come out and made a brief statement and not answer questions. to come out and say we are going
PBS
Dec 19, 2012 6:30pm PST
house will vote on the republican plan b t orrow. veterans of washington's budget battles wouldn't be orrprised to see a plan c or d before a final resolution is hammered out. darren gersh, "n.b.r.," d washington. >> susie: the threat of the fiscal cliff was a big topic at an investor conference in new york today hosted by johnson controls. this wisconsin-based industrial conglomerate is a leading provider of products to make buildings energy efficient, and it's also the world's largest maker of car batteries and automotive seats. c.e.o. stephen roell told me he's worried that uncertainty about the fiscal cliff could hurt consumer confidence, and his business. >> we don't do that. as the consumer, i products to costumers like the big three, that in turn sell to the autowa industry. my biggest concern is how it will affect the psychology of the consumer. i've been surprised, susie, that people continue to buy autobiles. thatouldar is change dramatically. >> sue:e steve, to what extent are the ups and downs impacting your business day to day. >> i think people are holding back on making
CSPAN
Dec 20, 2012 10:00am EST
washington at the national cathedral beginning at 10:30 eastern. senator inouye will return home to hawaii on saturday. he died monday at the age of 88. the u.s.house will gavel in at 12:00 today. addressing the pending tax hikes and budget cuts of the so-called fiscal cliff. they will vote on speaker boehner's plan b which would raise tax rates for incomes above $1 million. they'll also vote on a bill that would replace the sequester budget cuts scheduled to take place on january 1, and also a vote on the defense authorization conference report. we'll have live coverage of the house beginning at noon here on c-span. and throughout the day. we'll take you live just outside the u.s. house live to hear from majority leader eric cantor who's going to be talking about the plan for the day and the votes ahead. should get under way momentarily. live coverage here on c-span. [captioning performed by national captioning institute] [captions copyright national cable satellite corp. 2012] >> here on c-span we're waiting to hear from majority leader eric cantor. they're going to take up the legislati
MSNBC
Dec 20, 2012 2:00am PST
. >>> nbc's tracie potts joins us now from washington to break it all down. good morning. what's happening in today's vote? >> reporter: a couple of votes today. let's break it down for you, mara. the big vote that the republicans are pushing to have everyone under a million dollars keep their tax rates low. president obama says this defies lodger, that people making $800,000, $900,000 should be paying higher taxes. republicans think they can get it through the house. no luck of getting it through the democratic senate at all. second vote which is to sweeten the deal for the republicans who are skeptical is to replace the automatic cuts, a lot of which would hit the defense department with cuts in other programs like the health law and food stamps. >> and tracie, who's coming out in favor of this plan "b"? >> well, among those in favor of it, off qusly john boehner, the house speaker and also paul ryan, the chair of the budget committee and former vice presidential candidate. there have been a lot of questions about whether or not he would come out behind this plan. but he's said that it s
FOX Business
Dec 20, 2012 5:00pm EST
of oil. we'll drill down on the answers. >>> plus, more talk and no walk in washington. shocker there. both side insist we need to stop spending. not that they're cutting a single penny from a single government program. fox news's bret baier with the real cost of spending. >>> we all love a good hamburger, right? but is that pesky wrapper keep getting in your way? one fast-food chain may have solved the problem for good. they're making the wrapper edible. you have to see this one to believe it, trust me. even when they say it's not it is always about money. melissa: first, let's take a look at the day's market headlines. fiscal cliff talks may be a mess but not ruining the party for investors. u.s. third quarter gdp was revised up to 3.1%. not bad. november existing home seams -- sales hit nice not seen. wall street shares of the nyse euronext skyrocketed 34%. the company is being acquired by rival intercontinental exchange for $3.2 billion in cash and stock. >>> research in motion may be crawling its way out of the abyss. the blackberry maker left for dead earlier this year. no
FOX News
Dec 20, 2012 2:00pm PST
about that last week. here is what he said. >> what i think is at that at this point, washington and colorado, you have seen the voters speak on this issue. and as it is, the federal government has a lot to do when it comes to criminal prosecutions. it does not make sense from a prioritization point of view for us to focus on the recreational drug users in a state that has said under a state law is legal. >> dana: but this is making folks in the hollywood crowd happy. celebs brad pitt, russell simmons, danny glover released joint statement for praising the president from stepping away from the war on drugs. >> greg: you said, "joint statement." >> dana: i didn't even think about that. >> bob: between those four guys, there is a pile of weed. >> dana: there was a lot of news last week. this would have been big news before but people are just over it. it didn't even make news. >> greg: you're right. the fact that the police departments are changing the way they look at this. i always go back to this. our culture could only handle one recreational drug. booze got there first. the idea o
MSNBC
Dec 20, 2012 3:00am PST
. it's thursday, december 20th. welcome to "morning joe" from washington. live with us here, nbc chief foreign affairs correspondent and host of "andrea mitchell reports," andrea mitchell. white house correspondent for the huffington post, sam stein, executive editor of bloomberg news, al hunt and "time" magazine senior political analyst and "way too early" talent -- he was just extraordinary -- mark halperin. mark, you were just -- you were extraordinary. >> no one told me there's no net in that job. >> there is no net. he was great. who could turn the world on with a smile? i mean, mark halperin could, al hunt. >> throwing his hat in the air. >> we need to toss his hat in the air. sam stein has no idea what we're talking about. >> zero. >> so depressed. not a "seinfeld" reference, the greatest series of all time. al hunt, al, this is -- i'm at a loss what's going on in washington. i mean, we can all assign blame. i, right now, am especially curious with what's going through my party's mind on the fiscal cliff. but what -- why the breakdown? you know, if you're a republican, you
CNBC
Dec 20, 2012 4:00pm EST
out. we see some money coming into this market. investors still hoping for a deal in washington to avoid the fiscal cliff. take a look at how we're settling on wall street. as we saw money moving into equities in the last 20 minutes pushing the dow jones industrial average up to 60 points higher at the close at 13,312 on the dow jones industrial average. nasdaq also finishing in the plus column with a gain of six points, and the s&p 500 up about eight points, one-half of 1% at 1433. closing in on the fiscal cliff deadline still with no deal in sight, let's find out how you should be investing in the face of the fiscal cliff fiasco. we want to dig deeper into the nyc/i.c.e. deal as well announced today, that it means for you and the global exchanges. gentlemen, welcome. thanks soechg for joining us. >> thanks. >> thanks for having me. >> let me kick this off with you in terms of the fiscal cliff. give me your strategy, deal or no deal? >> i think there will be a deal. this plan "b" that wehner has actually -- waiting to see if it actually makes it to the congress for a vote is actua
ABC
Dec 20, 2012 4:00am PST
. the principal will come out of retirement as a former sandy hook principal. and in washington, president obama issued a resounding call to action. >> this is not some washington commission. >> reporter: the president announced a powerful team of cabinet members, now have the new task of creating immediate reforms to prevent more shootings. and the vice president isn't wasting any time in getting to action. today, planning to convene a meeting of top law enforcement officials from all around the country, trying to brainstorm a way forward. live in sandy hook, mark greenblatt. rob and sunny, back to you. >> the fallout from the tragedy, remarkable. thank you for the live report. >>> and the sides placing new restrictions on so-called assault weapons. the white house is also looking at other solutions to the nation's gun problem. among the considerations, better funding for mental health counseling. also, steps to keep society from glamorizing guns and violence. the president is promising to send the idea to congress by the end of january. >>> in response to the washington talk a
CSPAN
Dec 20, 2012 12:00pm EST
businesses and people. and many of those states will come here to washington and ask us to help them out from their bad decisions. i hope at that time that we can show by pointing at these states and these right ideas that we know the solutions at the state level and that we also know that we can change how we think here at the federal level and make our country work a lot better. i i leave here with a lot of respect for my colleagues. i know my democrat colleagues believe with conviction their ideas. and i know my republican colleagues do too. but i hope we can look at the facts. i hope we can look at the real world. i hope we can look at what's working and set aside the politics and realize what really makes this country great and strong is when we move dollars and decisions out of washington back to people and communities and to states, that it works. not for 2% but for 100% of americans. i feel like our customers in the senate, at the heritage foundation, or wherever we go, are 100% of americans who these ideas can work for to build a better future and a stronger america. and i'm
MSNBC
Dec 20, 2012 2:30am PST
big story in washington and around the nation, in the wake of the newtown shootings, president obama says gun regulation will be, quote, a central issue of his second term. vice president joe biden has been tapped by the president to lead the effort and work with cabinet members on making recommendations before the president's state of the union address. the choice of biden makes sense given his extensive anti-crime portfolio as a long-time delaware senator. he helped to pass a ban on assault weapons in 149. he also received an "f" rating from the nra. he acknowledged that gun legislation alone would not solve the problem. >> we know this is a complex issue that stirs deeply-held passions and political divides. as i said on sunday night, there's no law or set of laws that can prevent every senseless act of violence in our society. we're going to need to work on making access to mental health care at least as easy as access to a gun. we need to look more closely at a culture that all too often glorifies guns and violence. and any actions we must take must begin inside the home and ins
FOX Business
Dec 20, 2012 6:00pm EST
joining me now, peter barnes in a fox business senior washington correspondent with the very latest details. how close will this be? >> the vote on that tax bill, the one that would raise taxes on people making more than million dollars a year, they are still working on getting the republican leader, the speaker still working on getting enough votes to get that to pass later tonight. we expect that around 8:00. as one price for votes, right now than house republicans have also got a bill on the floor which would impose new spending cuts. what it would be technically is it would replace the sequester, get rid of those big cuts in defense spending. replace that with about $300 billion in new spending cuts over ten years. some republicans want to be able to say they voted for spending cuts before they even consider voting for a tax increase. they're debating the right now on the floor, the spending cut bill. take a listen. >> we don't just have a fiscal clef. we have of fiscal abyss in front of us, and that is at debt crisis that is on our horizon. failure to address this debt crisis m
MSNBC
Dec 19, 2012 11:00pm PST
the same group responsible for that ad were here in washington yesterday, christmas theme in tow. >> we know some of the naughty folk already. we believe that speaker boehner is being naughty. we believe that eric cantor is being naughty. we believe paul ryan is being naughty. and we're going to make our way to the capitol building to let them know we got something from santa for you. it's a lump of coal. because you've been far too naughty! >>> well, in a recent interview with "people" magazine president obama was asked what he learned from seeing the movie "lincoln." and here he is. quote, as a rule if you're president of the united states, you should not compare yourself to lincoln. in any way. not everyone thinks lincoln comparisons should be off limits. when florida republican allen west was asked about his future plans after losing re-election to congress he said quote, always remember abraham lincoln only spent one term in congress too. >>> david letterman is still finding ways to needle mitt romney even with the election over. >> i heard the strangest thing. i don't know
ABC
Dec 20, 2012 5:00am PST
taking the helm will come out of retirement as former sandy hook principal in washington, president obama issued resounding call to action. >> the president: this is not some washington commission. >> reporter: the president announced powerful team of cabinet members now have the new task of creating immediate smoothings. vice president biden is wasting no time in getting to work he's expected to convene a teamú:ot top law enforcement officials in washington today to talk about implementing those reforms. mark greenblatt, abc7 news. >j=cát story is just sad, scam artists have started to prey on memories of the victims of the school tragedy. family of 6-year-old noah posner learned somebody was soliciting donations in the boy's memory. family members immediately reported it to police. >>> switching gears, gas prices lowest level of the year and better news analysts say is that they will continue to drop, national average below $3.27. prices have dropped for the past 27 days energy experts predict prices could fall further, 20 cents per gallon less in 2013. >> i%/o filled my tank ye
MSNBC
Dec 20, 2012 7:00am PST
the next ten years. let me bring in molly ball and washington post correspondent. dana, the president said he'd veto it. what's boehner's strategy here? wh where is he going with this? >> he has to negotiate within his own caucus and it is not at all clear that he had the votes here until he started to sweeten it as you were talking about earlier there. he basically needs to appease the hard right in his caucus and he -- this is why it is so unlikely and i think it's always been unlikely that you get anything resembling a deal until the last minute or past the last minute because these guys will not give in unless they absolutely have to. >> republicans seem like they're in a little bit of disarray right now. the conservative club for growth came out against plan b and this is on "the wall street journal" editorial page. by tuesday afternoon even mr. boehner seemed to be throwing up his hands. either way we get a tax increase without a tangible progression on the spending problem. >> is it why the republicans have this? >> this is a significant test of boehner's ability behind a tax i
CSPAN
Dec 20, 2012 6:00am EST
"washington journal" we will focus on gun-control issues with john yarmuth. tim helskamp will join us to talk about the fiscal cliff. and we will look at what options the administration has to tighten gun control laws with or without congressional action. our guest will be david ingram, responded for reuters. live on c-span every day at 7:00 eastern. two committees are holding hearings today on the attack in libya that killed four americans. the senate foreign relations committee will hear from deputy secretary of state at 8:00 eastern. you can see that live on c-span to. mr. burns will go to the other side of the capital of the afternoon to testify before the house foreign affairs committee about the report. that is live on c-span3 at 1:00 eastern. >> our first experience was to come and a different way than every other family up here. probably would never happen again in history. after dad was sworn in, we went and took a picture of the family behind a wall office desk. that night we did not get to move into the office -- white house because they left their daughter and son in law t
FOX News
Dec 19, 2012 4:00pm PST
washington commission. this is not something where folks are going to be studying the issue for six months and publishing a report that gets read and pushed aside. this a team that has a very specific task, to pull together real reforms, right now. >> shepard: the president said the second amendment does guarantee an individual's right to bear arms. he believes the vast majority of gun owners in america are responsible. >> i am also betting that the majority the vast majority of law abiding gun owners would be the first to say that we should be able to keep a few law breaking. >> shepard: specifically the president is hinting at military style assault weapons and high ammunition clips. most americans support background checks before all gun purchases involving those private dealers. he addede need to work to make access to mental healthcare as easy as access to guns. and we need a closer look at a culture that glorifies guns and violence as he put it of course we have seen mass shootings over and over again. the president ticked off a long list today. and we have heard outrage and v
MSNBC
Dec 20, 2012 10:00am PST
preparing to leave washington. they -- they are doing all of this instead of taking the one step they need to take, and that is to say to the president, all right, you've gone 40% of the way. we're expected to go, you know, 30%, 40%. let's see what we can get done. we don't have to wait until new year's. everybody knows what this is going to look like tend of the day. we just need the republicans to act responsibly and sit down with us and get the deal done. not go home for the holidays. >> and let me switch gears for a second because you hear a lot that's going on in capitol hill. what is the genesis of this criticism of chuck hagel? there's a lot that's also coming from supporters of israel who say that he has not been supportive enough. do you think that is a big question? i know the house doesn't confirm cabinet officials, but you are very close to it all. >> i am not involved in the confirmation process. i'll leave that to the higher pay grades in the senate. show me a nominee or a prospective nominee for any cabinet position, and i will show you people who have understandable co
CNN
Dec 20, 2012 11:00am PST
hawaii in washington since it became a state back in 1959, so his half century tenure makes him the second longest serving senator in history. harry reid paying respects. >> although senator inouye was a progressive democrat, he put his country first and party second. dan was a vibrant and vital presence in the senate and in death will remain a legend. his last words on earth, aloha. it is with a heavy heart that i and we bit alloy ha, goodbye, i love you, to a friend and legend of the senate, daniel kent inouye. >> as a japanese-american soldier he lost his right arm and received the medal of honor. only 31 people have lane in the capitol rotunda. the last was gerald ford about six years ago. >> as the bin laden movie hits theaters -- >> he is in the inner circle -- >> some are livid over a scene about torture. plus, a case so shocking it pushed president obama to make a phone call. inside an army daycare, worker who is had no business watching children. >> and, should the government buy back guns to boost the economy? you will hear the case. [ male announcer ] alka-seltzer plus li
FOX Business
Dec 20, 2012 12:00am EST
nonsense in washington. w closing down almost 99 points. another rough day for gold. a rise in homebuilder confidence driving investors away for a two-session loss ofnearly 2%. right now gold is hovering around $1670 an ounce. oil futures for a fourth straight session of gains, crude oil for january delivery gained 1.8% to settle at $89.51 a barrel. >>> all right. we're going to start tonight with a special holiday treat. it's the week before christmas and all through the house, lawmakers are frantic and starting to grouse. not from the cliff, though they do say they care, but from more and more bailouts which could soon fill the air. gm has been saved, they are snug in their beds, but images of fema, fha and the post office now entering our heads. all right, enough holiday poems, can't take anymore. go straight to tonight's game. who gets bailout booty and who gets the coal in their stocking? joining me now to help santa make out his list, brian wesbury no i know enjoyed my little poem. first trust advisors. >> i love it. i can't compete. melissa: you will get a chance in a se
FOX Business
Dec 19, 2012 9:00pm EST
washington. the president blasting republics today for their refusal to take his latest offer, calling it puzzling. republicans are doubling down on the plan b. he called the veto thrt bizarre and irrational. $500 billion in tax hikes closer to every amerin. >> there has to be a recognition onhe part of my republican friends that take the deal. but they keep on finding ways to say no. i don't know how much of that just has to do with this. it is very hard for them to say yes to me. gerri: what he stated that? >> it is incredibly sad and frustrating, that's what that is. the president, through the entire campaign, says wants a balanced aproach. we have increased spending from 2007 to 2012. $1 trillion. year over year. a trillion dollars. revenues at record highs. >> let's talk for a second about the republican response. gerri: white house is opposition for the backup plan. it is growing more bizarre and irrational by today. is this the kind of conversation that is going to get something done in washington? or is it only going to make people angry or? >> the speaker is never the one who
ABC
Dec 19, 2012 4:00pm PST
. today, the president joined the chorus. the president said washington won't just talk about tackling gun violence. >> this is a team that has a tas tok pull together real reforms, right now. >> the president urged congress to vote on an assault weapons ban, a ban on ammunition clips and close the gun show loophole so hall would be subject to background checks. >> the task force will recommend policies beyond gun conroll. >> we're going to need to make access to mental health care. >> the president hoping to seize this moment of heightened public awareness to push washington to change. >> if there is one thing we should have after this week, it should be a sense of perspective about what is important. >> his announcement is quieting criticism from within the president's ranks. one congressman whose husband was killed now he'll feels the president is showing leadership. but+ús gun regulations will no doubt meet with resistance from the nra, so far has not commented since the connecticut shooting. but has scheduled a news conference for friday. the president says he's ready.
ABC
Dec 19, 2012 11:35pm PST
mcfadden and bill weir in new york city, and terry moran in washington, this is a special edition of "nightline" -- tragedy at sandy hook, the search for solutions. >>> good evening. i'm terry moran. today the shattered community of newtown, connecticut, mourned the young teacher who died trying to protect her first grade class, while school districts across the country are now beefing up security. in the wake of this tragedy, schools nationwide are grappling with the difficult questions about keeping their students safe, including the debate over arming teachers with guns. here's alex perez. >> reporter: she came face to face with unthinkable horror and fought to save her first graders. laid to rest today, 27-year-old sandy hook teacher vicki soto. those remembers her we're green ribb ribbons, her favorite color. her sister jillian, already know what the world is remembering, saying you have been a hero to me for a lot longer than five days. you've been my big sister, the one i've always looked up to. among the mourners, family friend musician paul simon who performed "the sound
MSNBC
Dec 20, 2012 6:00am PST
washington. it's thursday, december 20th, 2012. this is "the daily rundown," the second shortest day of the year. let's get right to my first read. if talks on the fiscal cliff are going to be rescued, they have got to be rescued today. but the more you see the president and speaker boehner talking in public, the less they are talking behind the scenes. leaving negotiations stalled just 12 days before the new year. the speaker is now spending his third day working to pass a bill that will not become law. maybe it will start a framework for a backup plan but it's not going to be a law. and it won't probably be part of any final budget deal. the house will vote today on boehner's plan b which democratic leader harry reid had said will go nowhere in the senate. and the president has promised to veto it if it somehow got to him. in a 52-second, well it was a press conference but he didn't take questions so we'll call it a media availability, boehner dared the president to reject the backup plan that prevents tax hikes on those making less than $1 million. >> the president will have a dec
MSNBC
Dec 19, 2012 7:00pm PST
is not a washington commission. >> he supports reinstating a ban on assault weapons. >> weapons of war do not belong on our streets. >> limiting high-capacity magazines. >> the nra is going to be holding a news conference. >> there is going to be an announcement made. >> the nra is prepared to offer meaningful contributions. >> it is very hard to determine what they mean. >> teachers are not law enforcement. >> we have all the information. >> this is not some washington commission. >> we have all the studies. >> time is of the essence. >> we have to do something, the american people want us to do somethin something. >> it is hard out there, being a boehner. john boehner has gone from refusing to consider any tax rate increase. any tax rate increase at all to refusing to consider any tax rate increase without spending cuts attached to it. to now asking his members to pass a tax rate increase without any spending cuts attached to it. john boehner's plan b, which he wants to bring to a vote tomorrow, is simply a tax increase on incomes over a million dollars. nothing else. that is it.
FOX Business
Dec 19, 2012 10:00pm EST
washington go his way or no way at all, president obama seems to be on his way to perhaps becoming the imperious president. >> i've asked the vice president to lead an effort that includes members of my cabinet and outside organization to come up with ccrete proposals no later than january that i will push without delay. this is not some washington commission, that is not something where folks will be studying the issue for 6 months and publishing a respect -- report that gets read then pushed aside. lou: you will notice that president did not call for concrete proposals on mental health care opublic school security, or any of the other issues at issue in the connecticut shooting last week. at that same pros conference where he demanded gun control proposal, president blasting speake of the house john boehner or only wants to raise taxes on millionaires. >> if you look at what the speaker has proposed, he has conceded that income tax rates should go up, right now he only wants them to go up for millionaires, if you make 900,000, he thinks you can't afford to pay more in taxes, but prin
SFGTV2
Dec 19, 2012 4:00pm PST
from the private and public sector, all of whom have traveled here from washington, dc from sacramento and all over the bay area. so thank you for being here today. we are grateful for an opportunity to come together with you to create schools and communities where young people are healthy and safe and feel welcome and they are allowed to learn and they are allowed to thrive. this day is devoted to help all of us deepen our understanding of this issue of the problem through data, through research, through anecdotes, to put real solutions in place, to comply with new state and draw laws on bullying and to measure our progress. it's a promise we want to join you in keeping to our children and our youth in california. some of you know that we started this summit yesterday with a screening of the documentary film, bully, to 3,000 students in san francisco from san francisco's public schools. the superintendent of schools you're going to hear from in a minute, he was there, i know ter theresa sparks was there, i was so proud of san francisco in being there because the superintend
FOX Business
Dec 19, 2012 8:00pm EST
money to. u.s. government. washington. same folks for whom $1.5 million is a rounding error. these guys get the money? have you wondered what the heck they are doing with that money, last i checked there are no lockboxes. those big fine, every year government collects billions, where does that money go? we can't a lick about it forget about finding company that have to hand over the money, how about finding the government that pockets it and doing who knows what with it, marvin, thank you for joining us, where does it go? >> it goes to the u.s. industry, they pit -- treasury, they put it in general fund 92 not a lockbox thing. >> no unclose court issued a special order it cannot be used to pay the people they claim they are protecting that were injured. it goes to u.s. government to spend like they want to spend, it is almost like a slush fund. neil: the victims of that supposed abuse are not awarded? >> they still have to find their own lawyers. >> money gets dumped in this general fund, what do they do with that? >> they use it for paying interest on bonds, for paying government
CBS
Dec 19, 2012 5:30pm PST
country deserves folks in washington willing to compromise on behalf of the greater good. he was talking about a budget deal to avoid the fiscal cliff and he said he wanted it by christmas. nancy cordes is on capitol hill for us tonight. nancy? >> reporter: well, scott, it now looks like that is in doubt. aides on both sides today told us that the talks, which had been moving so quickly over the weekend, have slowed to a crawl and the president and speaker boehner traded ultimatums today. never a good sign this close to the deadline. >> and i hope that the president will get serious soon about providing and working with us on a balanced approach. >> reporter: house speaker john boehner warned today there will be no deal until the president agrees to more spending cuts. the president said he's cut enough. >> if you look at the package that i've put forward it is a balanced package by any definition. and we have put forward real cuts in spending that are hard to do in every category. >> reporter: mr. obama's most recent offer includes roughly $850 billion worth of spending cuts and
CNBC
Dec 19, 2012 11:00pm EST
, this stock market could do well over the next few months, even if the two sides in washington can't rise above politics and come up with a reasonable budget that has both spending cuts and tax increases as seems to be the case right now after the president's discouraging press conference, which suggested that no deal's imminent. and the white house is quietly signaling that talks have regressed. what do i mean about our failure to revisit what didn't happen, what didn't go wrong and the impact on the market? well, let's start with today's incredible news about general motors buying $5.5 billion worth of stock from the u.s. government's t.a.r.p. program. and it was at a price $2 above where gm traded yesterday. that's right. we, the people, got a better deal than we could've ever hoped for just the day before. gm most likely would have been liquidated, putting more than a million people out of work, if the federal government hadn't bailed it out. nobody likes a bailout. people don't like to use the phrase bailout and the government isn't going to be made whole in this investment. i'm
FOX News
Dec 20, 2012 1:00am PST
it. and that's the memo. now for the top story tonight. joining us from washington, senator bill nelson from florida who has been trying hard to secure the release of corporal hammar. am i making any mistakes here? >> good evening, bill. and, yes, we all want to get him out and we want him out by next week by christmas. so he can be home. i would just point out that the white house is involved i have talked to both of them today. i have asked the state department to have our general council our con sill general in mat morris and consulate to get back in there again and see him. the one thing that i think is a little different than your recitation of the facts is that it was when we found out about him being in the general prison population last august, when he was picked up that we asked because of the obvious threats to his life and attempted shakedowns to get him out of there. got him into the same prison but an administrative facility and that's where you see the photograph of him in a room by himself and they have actually got cuff on his leg chained to the bed. that has sinc
CNBC
Dec 19, 2012 7:00pm EST
collapse. chief washington correspondent john harwood joins us from washington with the details. i look away for two seconds, john, and everything's falling astart. >> it looked a couple of days ago as if the two sides were getting closer. when president obama had a news conference at the white house today, he came out to talk about gun control measures in the wake of the connecticut tragedy, but the questions were mostly focused on the fiscal cliff. the president said he couldn't understand why john boehner was detouring to plan b because the differences are narrow enough that they can still work it out. >> i've said i'm willing to make some cuts. what separates suss probably a few hundred billion dollars. the idea that we would put our economy at risk because you can't bridge that gap doesn't make a lot of sense. >> the smackdown from john boehner came shortly afterwards. it was short and sweet. he spoke for less than a minute and he said the onus is going to be on president obama if we go over the fiscal cliff. >> tomorrow the house will pass legislation to make permanent tax relief
CNN
Dec 20, 2012 2:00am PST
cliff. cnn political editor paul stein houser is in washington this morning. your job is to explain all of this to us. >> it really seems like a way they're playing a game of political chicken right here. you heard the president and house speaker come in front of cameras within two hours of each other. both men were really talking against each other. it was not very optimistic. you're right, optimism of earlier in the week dissipated. take a listen to what both men said. well, we don't have that sound. both men really talking against each other there. here's the sound. >> the president's offer of $1.3 trillion in revenues and $850 billion in spending reductions fails to meet a balanced approach. i hope that the president will get serious soon about providing and working with us on a balanced approach. >> at some point there's got to be i think a recognition on the part of my republican friends that take the deal. you know, they will be able to claim that they have worked with me over the last two years to reduce the deficit more than any other deficit reduction package. >> the presi
Comedy Central
Dec 19, 2012 6:55pm PST
washington d.c.. >> as a child did you dream of turning people slowly in a circle. >> oh, it burns! >> i did it. my work was done. i sat, then the artists got to work. while they attempted to reproduce my waxy pallor i headed to the museum in washington d.c. to check out my future wax companions. my guide was an incredibly life like dan ragosky. (laughter) we should get going. >> come this way. >> we started with a history of the museum. >> is it tussaud. >> why so french? >> she was a french woman. >> okay, but you're in america now, why not change the name to mamma doesy's house of candles. >> it has been around for 200 years. >> okay, all right. then it was off to the hall of celebrities. >> so this is all wax. >> that's correct. >> i know what i'm doing here. i'm not just some ham ture coming here and licking wax figurines. >> you may not lick them. >> let's move on. this is tiger woods. >> this is senator jackson. >> okayment i didn't recognize him because this is the longest i have ever seen him go without screaming the word [bleep]. >> johnny depp. >> can't lick any of these
FOX
Dec 20, 2012 9:00am PST
washington. this is a popular ski resort. a bunch of guys, including guys who work on crystal mountain are skiing. you can see perfect powder snow. listen to this -- >> everyone get in. buried right down here. >> in that moment, if you look off in the distance, you see a small avalanche going down the mountain right past these skiers. you can even see a person being carried away by this rush of snow. so these people quickly spring into action, and this day of fun turns into a rescue. >> get down here. >> these skiers, who include workers and ski patrol pebs, they all turn into a rescue team. three skiers total were affected by the small avalanche. two of the men were able to dig themselves out. this woman was stuck underneath the snow. as we go through this video, we see they have these metal probes they are tricking down into the snow. they end up hitting something, and it's the woman's hand. >> all right. >> she was buried under the snow for 10 minutes. >> you're kidding me. >> according to the poster of this video, she was able to ski away from this situation. the camera that shot this
KICU
Dec 19, 2012 7:00pm PST
fiscal cliff. we have a report from washington on how close the two sides are in raising taxes and cutting spending. >>> president obama and speaker boehner are only a few hundred millions dollars apart. the congressional republicans should take his latest offer. >> there has been a lot of posturing on capitol hill instead of just going ahead and getting stuff done. we have been wasting time. >> boehner has spend the last two days trying to tell his fellow republicans on what is call plan b, a backup bill for anyone learning less than one million dollars a year in case the president and speaker fail to reach a broader deal. >> they are thinking about voteing to raise taxes at least on folk over a million which they say they don't want to do. but they are going to reject spending cuts that they say they do want to do. that defies logic. >>> the speaker says he has offered a backup plan because the president's latest proposal is too lopsided. >> the president's offer of $1.3 trillion in revenues and $850 billion in spending reductions fails to meet the test that president promised th
FOX Business
Dec 20, 2012 11:00am EST
%. is anything that is happening in washington right now going to contribute? not at all. connell: you might as well come up with something. just make the most of it and move on. >> i would like to see the so questioner. it would show the united states can reduce spending. i think it would have a very positive affect. i do not think it reduces spending enough that it would have any real material effect on the economy. all right, dan, thank you very much. good stuff. talk about this number. 3.1%. on the surface, just look at that, that is not bad. john riding is here now to say that recession is, believe it or not, not off the table. >> absolutely. only if we go over the cliff in 2013. i am not worried about the spending side. it is the hundred billion dollars. it is the tax side that is the real issue. the economy is growing at two. we cannot make that. connell: we will talk about housing a little bit later. >> these are all good numbers. if you give the economy a chance, we could have that growth in 2013. connell: if you give the economy a chance. patch is basically means if you guys
MSNBC
Dec 20, 2012 1:00am PST
outsiders who are only in washington because they want to destroy washington. so mostly when you hear rhetoric like that from the right, it is ideological posturing. if it were a real governing philosophy of the republican party, the government would not always get larger under republican presidents the way it does. but there is one part of government where that sort of attitude, the get it down to the size where you can drown it in the bathtub attitude is not just empty right-ring branding and hyperbole. there is one part of governance at the federal level where the conservative movement has actually succeeded in making government small enough to drown it in the bathroom at home that part of governance still technically exists, but they have hollowed it out and sucked the life out of it. they have made so it weak, it cannot properly function, and nobody expects it to. and you can tell what part of governance they have done this to with one simple test. find any other federal agency in the united states government when on the day that the president of the united states at a live natio
MSNBC
Dec 20, 2012 12:00pm PST
. that's one way to end the fol follies of washington. the rivalry between president obama and speaker boehner is taking over d.c. rivalry, mayans, makes me think of basketball since the mayans invented the earliest form of basketball. >> no. >> it's a fact. >> it is thursday. of course i'm doing sports metaphors. what else did you expect? we start with the new york knicks and the nets. we'll get to d.c. too. so you know, really compromise in there. >> talks to the heartland, people, there. >> all right, guys. the last two times these teams met it was the nail bite we are fans not sure who would be ahead at the final buzz. on wednesday, the latest, knick star anthony returned to the hardwood coming off a sprained left ankle giving the knicks a commanding lead in the second half as house speaker boehner is dominating fiscal talks throwing the plan "b" on the court or the morning after bill. thank you, s.e. for this. >> welcome. >> nice one for this. >> he's calling a house vote on it tonight. >> the president has called on the house again and again to pass a bill to protect 98% of the a
PBS
Dec 19, 2012 10:00pm PST
once again today in newtown, connecticut. while in washington, president obama walked into the white house briefing room named for james brady-- the press secretary critically wounded in the shooting of president reagan in 1981-- toalk about gun violence. >> the fact that this problem is complex can no longer be an excuse for doing nothing. >> ifill: instead, in the wake of the massacre at sandy hook elementary school, mr. obama said, "this time, the words need to lead to action" on gun violence. >> the vast majority of responsible law abiding gun owners would be some of the first to say that we should be able to keep an irresponsible law breaking few from buying a weapon of war. i'm willing to bet that they don't think that using a gun and using common sense are incompatible ideas. there is a big chunk of space between what the 2nd amendment means and having no rules at all. >> reporter: to that end, the president announced vice president biden and an administration team will craft recommendations on everything from gun laws to mental health, to be sent to congress by january.
CSPAN
Dec 20, 2012 6:00am EST
10:30 p.m. eastern, the public memorial will be held at the washington national cathedral. >> senator kay bailey hutchison, republican of texas, is retiring from the senate after serving four terms. she will be replaced by republican ted cruz, a former texas solicitor general. she delivers her farewell remarks on the senate floor. this is 25 minutes. week there would have been so much joy in the halls of the capitol bringing with the laughter and the anticipation of our seasons happiest time. but in just one weekend, a sadness have said in with the news of the massacre of innocent children in newtown, connecticut, followed by the loss of our wonderful colleague, senator daniel inouye. so i will leave this extraordinary institution and experience with a heavy heart for those who have been lost just in the last few days. i do want to thank you for asking me to represent them in washington. i want to thank the many people who have served on my staff for almost 20 years. i have to say i am touched that both senses, on both sides of this room are filled with my staff members wh
CSPAN
Dec 19, 2012 8:00pm EST
scene in ghazi that i, who were in tripoli, who were in washington. .. >> what they had was not enough. either in benghazi or the overwhelming numbers. frankly, the state department had not given security for personal resources it needed. on that note, let me ask admiral mullen in regards to the specific findings. >> thank you, mr. ambassador, i appreciate that. i do appreciate your leadership throughout this process as well. good afternoon. the board found that the attacks on benghazi were security related. responsibility for the loss of life committee injuries, and damage to u.s. facilities rest completely and solely with the terrorists who conducted the attacks. that does not mean that there are lessons to be learned. the board found that the security posture at the special mission compound was inadequate for the threat environment in benghazi, and in fact, grossly inadequate to deal with the attacks that took place that night. state department bureau that was supporting benghazi had not taken on security is a shared responsibility. so that support the proposed needed was oft
FOX News
Dec 20, 2012 2:00am PST
washington. thank you. >> that leads us to today's "look who's talking." she says it has been three months since the deadly attack in benghazi and no one is held accountable especially the terrorists that were involved. >> we have not done anything to capture or kill any of the terrorists who under took this action who killed our people. that's in large part because we have no interrogation program, because we are treating this like a law enforcement matter because the fbi is asking nicely can we get access to the one person who seems to be in custody, tunisians. but we have done nothing to bring anybody to justice for these murders. this is a 4 part scandal and coverup. neither the president nor the secretary of state has given anybody a true or full accounting of what happened and what they knew and what they knew it. >> as mentioned earlier hillary clinton is expect to do testify on the benghazi attack in mid january. she may be retired from her post by that time. >> five more victims of the sandy hook masses kerr will be played to rest. katherine hubbard, ann marie murray, benjamalliso
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